National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/16/2018

Past Market Reports

Report Date: 10/16/2018

LM_HG201
Des Moines, Iowa               Tue, Oct 16, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, October 15, 2018

Barrows and Gilts (Live and Carcass Basis): 415,380

                      NEGOTIATED    OTHER     SWINE    OTHER NEGOTIATED  TOTALS/
                                   MARKET   OR PORK PURCHASE    FORMULA  WTD AVG
                                  FORMULA    MARKET ARRGMENT
                                (FUT/OPT)** FORMULA
--------------------------------------------------------------------------------
Producer Sold:

HEAD COUNT                 9,207   33,561   114,791  110,762      1,345  269,666
CARCASS BASE PRICE         63.10    64.15     66.06    69.81          *    67.33
AVERAGE NET PRICE          63.97    66.75     68.65    71.59          *   69.50
LOWEST NET LOT             52.65    42.95     56.45    55.02          *    49.85
HIGHEST NET LOT            70.52    74.18     78.21    89.72          *    78.01
AVERAGE LIVE WT           263.66   280.26    280.42   279.27          *   279.29
AVERAGE CARCASS WT        196.49   211.94    210.80   208.96          *   209.69
AVERAGE SORT LOSS          -1.78    -1.69     -1.48    -0.91          *    -1.28
AVERAGE BACKFAT             0.63     0.59      0.64     0.68          *     0.65
AVG LOIN DEPTH (LD)         1.81     2.73      2.68     2.53          *     2.61
LEA (LD Converted)          5.41     8.21      8.05     7.61          *     7.83
AVERAGE LEAN PERCENT       53.99    56.26     56.04    55.51          *    55.82
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,030
CARCASS BASE PRICE                64.18
AVERAGE NET PRICE                 65.84
AVERAGE OF LOWEST NET LOTS        59.52
AVERAGE OF HIGHEST NET LOTS       65.49
AVERAGE LIVE WT                  275.16
AVERAGE CARCASS WT               205.88
AVERAGE SORT LOSS                 -1.46
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.62
LOINEYE AREA (LD Converted)        7.88
AVERAGE LEAN PERCENT              55.91
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      135,684
AVERAGE LIVE WT                  277.56
AVERAGE CARCASS WT               211.43
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              53.95
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
210.14 lbs carcass;  BF 0.65;  LD 2.56;  LEA 7.71;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $67.21
                    Wtd Avg Net Price        $69.37
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 16, 2018                   448,124
   October 17, 2018                   425,069
   October 18, 2018                   425,400
   October 19, 2018                   389,569
   October 20, 2018                   196,321
   October 21, 2018                    30,675
   October 22, 2018                   177,966
   October 23, 2018                   183,655
   October 24, 2018                   182,149
   October 25, 2018                   176,041
   October 26, 2018                   166,889
   October 27, 2018                    40,558
   October 28, 2018                    15,073
   October 29, 2018                   107,894
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,207        1,345       10,552
CARCASS BASE PRICE             63.10            *        63.10
AVERAGE NET PRICE              63.97            *        63.97
LOWEST NET LOT                 52.65            *        52.65
HIGHEST NET LOT                70.52            *        70.52
AVERAGE LIVE WT               263.66            *       265.17
AVERAGE CARCASS WT            196.49            *       196.86
AVERAGE SORT LOSS              -1.78            *        -1.76
AVERAGE BACKFAT                 0.63            *         0.63
AVG LOIN DEPTH (LD)             1.81            *         1.84
LEA (LD Converted)              5.41            *         5.49
AVERAGE LEAN PERCENT           53.99            *        53.96
(Packer Buying Programs)
--------------------------------------------------------------------------------
* Price not reported due to confidentiality. For more information visit:
www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf

** Futures/Options

Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain
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